King & Wood Mallesons advised SEB AG, which was acting as documentation agent, on the EUR 500,000,000 syndicated financing of Stadtwerke München GmbH (SWM) the Munich based public utility and service company. The financing arranged by HSBC Trinkaus & Burkhardt AG, UniCredit Bank AG and SEB AG has a five-year term and is being made available by a consortium of five banks.

SWM is the communal utility and service company of the federal state capital Munich and its district. SWM is wholly-owned by the federal state capital Munich. Therefore, SWM is an important component of the communal public service.

King & Wood Mallesons’ financing team in Germany is one of the most accredited and frequently recommended advisors in Germany. They provide advice for banks and private equity investors, as well as listed and family-owned companies on national and international transactions, especially within the scope of acquisition and corporate financing, restructuring and real estate financing.

SEB’s team of advisors

King & Wood Mallesons LLP, Frankfurt

Sabine Schomaker (lead partner), Ulf Gosejacob (counsel), Isabelle Winkel (PSL) (all financing).